2022
Exports
$190MWorld Rnk 25 / 200
Flag Rnk 171 / 1198
2022
PRODUCT COMPLEXITY IN Scrap Aluminium
-0.74Rnk 767 / 1025
2022
Imports
$22.8MWorld Rnk 43 / 157
Flag Rnk 640 / 1213
2022
ECONOMIC COMPLEXITY of Singapore
1.68Rnk 6 / 133

About

Exports In 2022, Singapore exported $190M in Scrap Aluminium, making it the 25th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 171st most exported product in Singapore. The main destination of Scrap Aluminium exports from Singapore are: India ($146M), Malaysia ($8.92M), Thailand ($7.42M), Indonesia ($6.54M), and Germany ($4.56M).

The fastest growing export markets for Scrap Aluminium of Singapore between 2021 and 2022 were India ($40.4M), Germany ($3.87M), and Thailand ($2.81M).

Imports In 2022, Singapore imported $22.8M in Scrap Aluminium, becoming the 43rd largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 640th most imported product in Singapore. Singapore imports Scrap Aluminium primarily from: New Zealand ($9.16M), Australia ($4.96M), Israel ($2.36M), United States ($1.47M), and Indonesia ($1.07M).

The fastest growing import markets in Scrap Aluminium for Singapore between 2021 and 2022 were New Zealand ($6.01M), Australia ($4.21M), and Israel ($2.32M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Scrap Aluminium. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$190M
IMPORTS (2022)$22.8M
NET TRADE (2022)$167M

In 2022, Singapore exported $190M in Scrap Aluminium. The main destinations of Singapore exports on Scrap Aluminium were India ($146M), Malaysia ($8.92M), Thailand ($7.42M), Indonesia ($6.54M), and Germany ($4.56M).

In 2022, Singapore imported $22.8M in Scrap Aluminium, mainly from New Zealand ($9.16M), Australia ($4.96M), Israel ($2.36M), United States ($1.47M), and Indonesia ($1.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Singapore WERE (2021 - 2022):
India$40.4M (38.2%)
Germany$3.87M (565%)
Thailand$2.81M (60.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Singapore WERE (2021 - 2022):
Malaysia-$5.28M (-37.2%)
Chinese Taipei-$701k (-81.7%)
Indonesia-$411k (-5.91%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Singapore's main exporting competitors in Scrap Aluminium were:
In 2022, Singapore's main importing competitors in Scrap Aluminium were:

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMalaysia+ $7.33M
TOP IMPORT POTENTIALUnited States+ $1.6M

Scrap Aluminium’s highest export potential is Malaysia. With an export gap of $7.33M.   Scrap Aluminium’s highest import potential is United States with an import gap of $1.6M.

See methodology.

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